Mr. Hai Ho (Co-founder & CEO of Triip) brought the show an impressive capital-raising performance of $500,000 for 5% shares with the ambition to become the startup soonest applying Blockchain technology in the tourism industry.
In the presentation, the CEO of Triip showed a range of impressive figures including 122,000 downloads within 3 months, 35% of users have returned to use, more than 15,000 people have shared their trip. Revenue in 2018 reached 1.4 million USD including 6,000 tour guides and customers from 133 countries, making Triip the leading position in blockchain applications in the travel industry.
Triip aims to become a green and sustainable tourism ecosystem that focuses on job opportunities, culture integration as well as positive tourism impacts having been commended by many tourism organizations and media agencies around the world such as forbes.com, asia.nikkei.com, cnn.com, cnbc.com, wsj.com, etc.
Even though blockchain application is completely new in business, Shark Nguyen Thanh Viet – Chairman of the Board of Directors of Intracom Group believed that people would like to challenge difficulties to have good results in the future so he decided to offer Triip an amount of $500,000 for 6.66% shares after negotiation.
The contract with Triip has been confirmed by the BTC Shark Tank Vietnam as the first successful approval of season 3 having the fastest due diligence result in both Vietnamese and international versions of Shark Tank with only 30 days since the episode aired. In season 2, Shark Viet was also the investor to set the record for the shortest time of due diligence and contract signing with CDTS within 100 days.
Intracom Group officially signed an investment contract for Triip
Mr. Nguyen Thanh Viet – Chairman of the Board of Directors of Intracom Group particularly praised Triip’s human resource team for professionalism during the investment appraisal process besides the similarity in development orientation and corporate culture. Shark Viet also pointed out that the project had all the essential factors to invest early because technological applications needed to quickly dominate the market to be the pioneer.
CEO of Triip – Mr. Hai Ho shared that Triip could finally implement the project including fulfilling the Triip Application and User system, expanding connections along with service quality for the next 5 to 10 years with the help of Shark Viet.
Shark Viet highly appreciated the development orientation as well as features and efficiency after experiencing Triip’s services, thereby promptly giving suggestions to perfect the products during the business appraisal process. He also expressed optimism about the plan to develop outbound and inbound tourism to make sustainable tourism more popular to people.
Intracom and Triip agreed to give priority to the multinational development and tourism promotion in Vietnam in the future with the expectation to increase benefits and reduce the negative impact on the environment.
Shark Nguyen Thanh Viet and Intracom have proven themselves to be financial and strategic investors to apply blockchain technology to the developing tendency.
Shark Nguyen Thanh Viet – Intracom’s Chairman and Hai Ho – CEO of Triip at the ceremony
There were other exchanging activities between Shark Nguyen Thanh Viet, guests with the startup community to share and accumulate many valuable business lessons.